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Chapter 3 Feasibility Analysis Flashcards | StudBud
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Chapter 3 Feasibility Analysis
Chapter 3 Feasibility Analysis
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StudBud Administration
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#Agricultural Entrepreneurship #Feasibility Analysis
Flashcards
10 cards
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Questions
10
Answers
1
which of the following is NOT a form of feasibility analysis
CONSUMER FEASIBILITY
FINANCIAL FEASIBILITY
PRODUCT/SERVICE FEASIBILITY
INDUSTRY/MARKET FEASIBILITY
2
Primary research is research that is collected by the person or persons completing the analysis
FALSE
TRUE
3
Feasibility analysis determines viability of a business idea
FALSE
TRUE
4
A concept statement should be two-three pages long.
TRUE
FALSE
5
Which of the following is NOT important for financial feasibility analysis
FINANCIAL PERFORMANCE OF SIMILAR BUSINESS
OVERALL FINANCIAL ATTRACTIVENESS
TOTAL START-UP CASH NEEDED
PURCHASING POWER OF POTENTIAL BUYERS
6
A precise and comprehensive financial analysis is required for financial feasibility analysis
FALSE
TRUE
7
Organisation feasibility analysis is mainly about management prowess and resource sufficiency
TRUE
FALSE
8
A buying intentions survey is used to gauge customer interest in a product or service.
TRUE
FALSE
9
The focus in organizational feasibility analysis is on financial resources.
FALSE
TRUE
10
The mechanics for filling out a First Screen worksheet are complicated
FALSE
TRUE
